Premier Polyfilm: Promoter Group Member Manvi Goenka Acquires Additional Equity Shares

Premier Polyfilm Limited has received a disclosure under SEBI regulations regarding the acquisition of equity shares by Manvi Goenka, an immediate relative of the company's promoters. The transaction was completed through open market purchases and has been formally reported to stock exchanges and regulatory authorities. Share Acquisition Details The acquisition involved a purchase of equity shares through open market transactions, with specific details outlined in the regulatory filing: Parameter: Details Shares Acquired: 63,140 Percentage of Total Shareholding: 0.06% Transaction Date: 27-02-2026 Mode of Acquisition: Open Market Shareholding Position The disclosure provides a comprehensive view of Manvi Goenka's shareholding position before and after the transaction: Holding Period: Number of Shares Percentage Before Acquisition: 1,39,762 0.13% Shares Acquired: 63,140 0.06% After Acquisition: 2,02,902 0.19% Company Capital Structure Premier Polyfilm Limited's equity share capital remained unchanged following this transaction. The company maintains its existing capital structure with specific parameters: Total Equity Share Capital: Rs. 10,47,42,475 Number of Equity Shares: 10,47,42,475 shares of Rs. 1 each Diluted Share Capital: Rs. 10,47,42,475 Regulatory Compliance The disclosure was made in accordance with Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Manvi Goenka, being an immediate relative of the promoters, falls under the promoter group category and is required to make such disclosures for transparency and regulatory compliance. Notifications were sent to multiple stakeholders including BSE Limited, National Stock Exchange of India Limited, the company's compliance officer, and the chairperson of the audit committee. The formal disclosure ensures all relevant parties are informed of the shareholding changes within the promoter group structure. Premier Polyfilm Limited has announced a change in its statutory auditor firm following a merger between audit firms. The company informed BSE Limited and National Stock Exchange of India Limited about this development through a regulatory filing dated February 26, 2026. Merger Details and Timeline The company received intimation via email on February 25, 2026 at 16:15 hours from its current statutory auditor, M/s M A R S & Associates, regarding the firm's merger with M/s A D V AND CO LLP. The merger became effective from February 11, 2026, with approval from the Institute of Chartered Accountants of India (ICAI). Parameter Details Merger Effective Date February 11, 2026 Intimation Received February 25, 2026 at 16:15 hours Regulatory Approval Institute of Chartered Accountants of India (ICAI) Current Auditor M/s M A R S & Associates New Auditor Firm M/s A D V AND CO LLP Impact on Audit Services As a result of the merger, M/s M A R S & Associates has ceased to exist as a separate entity. All engagements, responsibilities, and professional obligations of the erstwhile firm have been assumed by M/s A D V AND CO LLP. The audit firm has assured continuity of service, with the same partners and professional staff handling Premier Polyfilm's audit engagement under the new merged firm's banner. New Auditor Firm Details A D V AND CO LLP will serve as the company's new statutory auditor following the necessary approvals. The firm's registration details and contact information have been updated accordingly. Particulars Details Firm Name A D V AND CO LLP Registration Number 003467N/N500463 Head Office 202 JAIN BHAWAN 18/12 WEA, PUSA LANE KAROL BAGH, NEW DELHI-110005 Branch Office E-15/144-145, SECOND FLOOR, SHIVA ROAD, SECTOR-8, ROHINI, DELHI-110085 Email advandcollp@gmail.com Contact Number 011-49856999 Regulatory Compliance and Next Steps Premier Polyfilm Limited proposes to formally record this change and appoint M/s A D V AND CO LLP as its statutory auditor, subject to approval from the Board of Directors and company members as required under the Companies Act, 2013 and other applicable laws. The company will submit detailed disclosure as required under Regulation 30 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 upon board approval. The new audit firm will issue a revised engagement letter to Premier Polyfilm Limited separately, ensuring all regulatory formalities are completed for the transition. 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